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Jakarta Post

Research and development key to promoting digital economy

Gumares, Portugal   /   Fri, November 3, 2017   /  08:28 am
Research and development key to promoting digital economy UNESCO recorded that the gross expenditure on R&D (GERD) of Indonesia was as miniscule as 0.08 percent of GDP in 2013.  (Shutterstock/File)

The current government priority on developing infrastructure to distribute the cake of economic growth has generally been accepted with an outpouring of praise. But there is a policy to that of stood in stark contrast from the previous era. We have witnessed a stronger commitment to adapt to the global movement, which requires states, including Indonesia, to shift toward a digital economy. President Joko “Jokowi” Widodo has highlighted this issue on many occasions. In a bilateral meeting with Singaporean leader Lee Hsien Loong recently, a discussion on common interests related to trade and investment also tilted to the digital economy as an imperative agenda between the two neighbors. Jokowi also appointed the founder of Alibaba Group, Jack Ma, an adviser for an e-commerce steering committee. If we follow the script used by the government on accentuating the digital eco...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.